07/03/2012

www.plasticker.de

Borealis: Alfred Stern joins Executive Board

Borealis, a leading provider of chemical and innovative plastics solutions, announces the appointment of Alfred Stern as Executive Vice President for Polyolefins, effective July 1, 2012. In this capacity he will lead one of the Company's core business groups focusing on optimising both Borealis' commercial and innovation capability to the benefit of the customer. Alfred Stern succeeds Gerd Löbbert, who has decided to pursue other career opportunities outside the company.

Alfred Stern joined Borealis as Senior Vice President Innovation & Technology in 2008, coming from E.I. Du Pont de Nemours where he held several leadership positions in the areas of research and development, marketing and sales, as well as quality and business management in Switzerland, Germany and the United States.

Alfred Stern holds a PhD in material science and a master's degree in polymer engineering and science, both from the University of Leoben, Austria. He has been awarded, among others, the DuPont Award for a new product patent and a Prize of Honour from the Austrian Ministry of Science and Research. Alfred Stern is married and has two children.

"We welcome Alfred to the Borealis Executive Board,” comments Borealis Chief Executive Mark Garrett. ”With his deep knowledge and expertise in marketing and sales as well as research and development in the polymers business, he will further strengthen our value creation through innovation and technology leadership.”